NOT LISTED FOR SALE

601 Mountain Dr Beverly Hills, CA 90210

Estimated Value: $7,405,000 - $39,702,920

6 Beds
15 Baths
27,470 Sq Ft
$857/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $40,000,000 $1,456 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $172,444/month

391 Days on Market

Highlights

  • Heated Indoor Pool
  • Gated Parking
  • 71,864 Sq Ft lot
  • Hawthorne Elementary School Rated A
  • Peek-A-Boo Views
  • Atrium Room

About This Home

As of November 2022

"The Glazer Estate" World Class Modern + World Class Location. Approximately 27,500 sqft. carefully curated with no expense spared. Located on the most prime Estate section of Beverly Hills, Mountain Drive is perhaps the best street in the city. Over 1.6 acres level in a park like setting,with a long private driveway, rolling lawns and a 98 ft. swimmer's pool. Entertain on a grand scale with the capability to host over 1,000 guests. Highest level of quality throughout includes board form concrete, teak doors and windows and theatrical water elements. Massive scale with two-story glass atrium/foyer, grand Formal Dining Room, glass enclosed Junior Dining Room and Formal Living Room. Exceptional "water lounge" surrounded by ponds on all sides. Lavish master suite with dual baths and closets. Additional features include an indoor pool and ballroom. A world apart in the heart of Beverly Hills, North of Sunset Blvd.

Last Listed By

Drew Fenton

Carolwood Estates License #01317962 Listed on: 09/07/2021

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $491,765

Year Built

  • Built in 1995

Lot Details

  • 1.65 Acre Lot
  • Property is zoned BHR1*

Interior Spaces

  • 27,470 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Library
  • Atrium Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Peek-A-Boo Views
  • Alarm System
  • Basement

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Parking

  • 8 Covered Spaces
  • Circular Driveway
  • Gated Parking

Pool

  • Heated Indoor Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4350-004-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$491,765

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 27470
  • Stories: 2
  • Year Built: 1995
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Living Room
  • Flooring: Carpet, Marble, Mixed, Tile, Wood
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 7
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 15.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Elevator, Freezer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2147.80

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Indoor, Lap Pool, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 8
  • Parking Garage: Circular Driveway, Garage - 4+ Car, Gated

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4350-004-016
  • Lot Size Area: 71864

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 14, 2022
Sold by
Guilford Glazer Properties Inc
Bought by
Zad Mountain Llc
Seller's Agent
Drew Fenton
Carolwood Estates
Buyer's Agent
Afa Shafa
Compass
List Price
$59,000,000
Sold Price
$40,000,000
Premium/Discount to List
-$19,000,000
-32.2%
Total Days on Market
391
Views
448
Current Estimated Value
$23,553,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,446,040
Avg. Annual Appreciation
-19.85%
Original Mortgage
$25,000,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2020
Sold by
The Diane And Guilford Glazer Foundation
Bought by
Guilford Glazer Properties Inc

Purchase Details

Closed on
Dec 2, 2020
Sold by
Krasne James L and Krasne Diane Pregerson
Bought by
The Diane And Guilford Glazer Foundation

Purchase Details

Closed on
Oct 31, 2019
Sold by
Glazer Diane Pregerson
Bought by
Krasne James L and Krasne Diane Pregerson

Purchase Details

Closed on
May 12, 2016
Sold by
Glazer Diane Pregerson
Bought by
The Diane Pregerson Glazer Survivors Tru

Purchase Details

Closed on
Jan 7, 2015
Sold by
The Guilford Glazer Trust Of 1984
Bought by
Krasne James L and Glazer Diane

Purchase Details

Closed on
May 31, 1996
Sold by
Glazer Guilford
Bought by
Glazer Guilford and The Guilford Glazer Trust Of 1984

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zad Mountain Llc $40,000,000 Chicago Title Company
Guilford Glazer Properties Inc -- None Available
The Diane And Guilford Glazer Foundation -- None Available
The Diane Pregerson Glazer Survivors Tru -- Accommodation
Glazer Guilford -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zad Mountain Llc $25,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $40,000,000 -32.2% $1,456 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/07/2021 09/07/21 For Sale $59,000,000 -- $2,148 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $491,765 $40,800,000 $30,600,000 $10,200,000
2023 $482,838 $40,000,000 $30,000,000 $10,000,000
2022 $560,609 $46,920,000 $41,820,000 $5,100,000
2021 $609,530 $51,528,360 $46,375,524 $5,152,836
2020 $607,526 $51,000,000 $45,900,000 $5,100,000
2019 $278,057 $23,393,451 $10,720,447 $12,673,004
2018 $267,261 $22,934,757 $10,510,243 $12,424,514
2016 $256,508 $22,044,174 $10,102,118 $11,942,056
2015 $245,528 $21,713,051 $9,950,375 $11,762,676
2014 $237,241 $21,287,723 $9,755,461 $11,532,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-780722

The MLS

APN: 4350-004-016